Introduction

Vision:

To be a progressive, efficient and dynamic organization,
applying required technology, having a dedicated and compassionate
workforce, for achieving excellence in service to meet and exceed its
beneficiaries’ expectations.

Mission:

Prudent management of investments, efficient disbursement of pension and buildings maintenance in line with international standards

Highlights

Bank Alfalah, Pakistan’s leading banking institution, has entered into a strategic
agreement arrangement with Pakistan Telecommunication Employees Trust (PTET) for disbursement of
pensions to its pensioners through dedicated digital branchless banking wallets

PTET & Allied Bank signed MoU for Pensioners’ facilitation

Announcements

Reference to State Bank of Pakistan letter #12(9)-Reg.6/2012.pt1453 dated 5 January 2016, all scheduled banks are responsible to:

Get Life Certificates/Non Marriage Certificates from pensioners.In case of personal appearance, the bank manager may persoanlly verify the pensioner's existence

Render the pensioner's account dormant if Non Marriage/Life Certificate is not recieved after every 6 months or if the pensioner fails to draw pension for consecutive 6 months

Undrawn pesnion for consecutive 6 months or over is to be withdrawn from pensioner's account and credited to Account Office